Cryptocurrency in May 2021 Going Mainstream! Japan’s Nexon Buys $100M in Bitcoin + NFT Altcoin News!
May 2021 has seen a surge in the adoption of cryptocurrencies, with Japan’s Nexon making one of the biggest moves by buying $100 million in Bitcoin.
The move is an indication of the growing mainstream acceptance of cryptocurrencies and its potential as an alternative asset class.
In addition to Bitcoin, other cryptocurrencies such as Ethereum, Litecoin, and Dogecoin have also seen a surge in their prices.
The growth in the cryptocurrency market has also been accompanied by the rise of non-fungible tokens (NFTs). These tokens are digital assets that are unique and not interchangeable. They are used to create digital collectibles, art, and other digital assets.
As the cryptocurrency market continues to grow, more companies and individuals are likely to invest in cryptocurrencies and NFTs. This could potentially lead to further mainstream adoption of cryptocurrencies and NFTs.